Hypoport AG (XTER:HYQ)
€ 264.8 -5.2 (-1.93%) Market Cap: 1.75 Bil Enterprise Value: 1.86 Bil PE Ratio: 63.37 PB Ratio: 5.11 GF Score: 83/100

Q3 2020 Hypoport SE Earnings Call Transcript

Nov 02, 2020 / 04:00PM GMT
Release Date Price: €477 (+6.12%)
Operator

Dear, ladies and gentlemen, welcome to the Webcast Results Q3 2020 of Hypoport SE. At our customers' request, this conference will be recorded. (Operator Instructions) May I now hand you over to Ronald Slabke, who will lead you through this conference. Please go ahead, sir.

Ronald Slabke
Hypoport SE - Co-Founder, Chairman of the Management Board & CEO

Yes. Thank you, and welcome from my side to the Q3 presentation of Hypoport. So as you know already, Hypoport is growing. We have a top line growth of 50% for the first 9 months in 2020. So we -- despite a challenging environment, the approach to digitalize the credit market, the housing market and insurance market in Germany is working well, and we are gaining market share in an overall more or less stable environment.

Talking about environment first. So corona crisis was there through a major part of the first 9 months. Since March, we are as a society, as a country, infected with the corona crisis. And in these 3 industries, credit, housing and insurance, it happened -- it had an impact, not

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